Morgan Stanley Increases Kansas City Southern (KSU) Price Target to $104.00

Kansas City Southern (NYSE:KSU) had its target price boosted by Morgan Stanley from $102.00 to $104.00 in a research report report published on Friday morning. They currently have an equal weight rating on the transportation company’s stock.

A number of other research analysts have also commented on KSU. Zacks Investment Research raised shares of Kansas City Southern from a hold rating to a buy rating and set a $124.00 price objective for the company in a research report on Tuesday, December 12th. Credit Suisse Group reaffirmed an outperform rating and set a $121.00 price objective (down previously from $126.00) on shares of Kansas City Southern in a research report on Thursday, March 8th. Finally, Seaport Global Securities reaffirmed a neutral rating on shares of Kansas City Southern in a research report on Friday, March 23rd. Seven analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of Buy and an average target price of $115.67.

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Kansas City Southern stock opened at $108.48 on Friday. The firm has a market cap of $11,179.25, a price-to-earnings ratio of 20.74, a PEG ratio of 1.34 and a beta of 0.78. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.70 and a quick ratio of 0.54. Kansas City Southern has a fifty-two week low of $86.14 and a fifty-two week high of $114.85.

Kansas City Southern (NYSE:KSU) last announced its quarterly earnings data on Friday, January 19th. The transportation company reported $1.38 EPS for the quarter, beating the Zacks’ consensus estimate of $1.36 by $0.02. The business had revenue of $660.40 million during the quarter, compared to analyst estimates of $658.33 million. Kansas City Southern had a net margin of 37.24% and a return on equity of 12.07%. The firm’s revenue for the quarter was up 10.3% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.21 earnings per share. equities analysts forecast that Kansas City Southern will post 6.21 earnings per share for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 4th. Investors of record on Monday, March 12th were given a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend was Friday, March 9th. Kansas City Southern’s dividend payout ratio (DPR) is presently 27.43%.

In related news, CMO Brian D. Hancock sold 2,325 shares of the stock in a transaction dated Wednesday, January 31st. The shares were sold at an average price of $113.00, for a total value of $262,725.00. Following the completion of the transaction, the chief marketing officer now owns 19,455 shares of the company’s stock, valued at $2,198,415. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Henry J. Maier purchased 1,000 shares of the company’s stock in a transaction that occurred on Monday, February 12th. The stock was acquired at an average cost of $104.35 per share, with a total value of $104,350.00. Following the transaction, the director now directly owns 5,159 shares of the company’s stock, valued at $538,341.65. The disclosure for this purchase can be found here. Corporate insiders own 0.95% of the company’s stock.

A number of large investors have recently bought and sold shares of KSU. Delpha Capital Management LLC acquired a new position in Kansas City Southern in the fourth quarter worth about $102,000. Cerebellum GP LLC acquired a new position in Kansas City Southern in the fourth quarter worth about $116,000. Tower Research Capital LLC TRC raised its position in Kansas City Southern by 182.8% in the fourth quarter. Tower Research Capital LLC TRC now owns 1,414 shares of the transportation company’s stock worth $149,000 after purchasing an additional 914 shares in the last quarter. Steward Partners Investment Advisory LLC acquired a new position in Kansas City Southern in the third quarter worth about $160,000. Finally, Jump Trading LLC acquired a new position in Kansas City Southern in the fourth quarter worth about $214,000. 88.02% of the stock is owned by hedge funds and other institutional investors.

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Kansas City Southern Company Profile

Kansas City Southern, through its subsidiaries, provides domestic and international rail transportation services in North America. It serves a ten-state region in the midwest and southeast regions of the United States and has the shortest north/south rail route between Kansas City, Missouri, and ports along the Gulf of Mexico in Alabama, Louisiana, Mississippi, and Texas.

Analyst Recommendations for Kansas City Southern (NYSE:KSU)

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